Specialty finance firm Shellpoint Partners debuted on the private-label residential mortgage-backed securitization scene Wednesday, becoming one of a few issuers in this segment of the market. Lewis Ranieri’s company is bringing Shellpoint Asset Funding Trust 2013-1 to the sector, reporting a... Read More

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The economy is benefiting from a modest housing recovery even though federal fiscal policy remains a significant headwind to growth, Federal Reserve Chairman Ben Bernanke told reporters Wednesday. Bernanke spoke to the press... Read More
The Federal Open Market Committeesaid the central bank plans to continue purchasing agency mortgage-backed securities to nuture the housing recovery while attempting to keep unemployment rates down.  The FOMC made that... Read More
The sky is not completely falling at mortgage servicing shops across the United States, despite a new report from the National Mortgage Monitor, which shows some of the nation’s top five servicers failing to meet loan... Read More